House
May 20, 2021HIRE Act of 2021
Summary
Official
Hiring Incentive to Return Employment Act of 2021 or the HIRE Act of 2021 This bill increases the rate of the work opportunity tax credit from 40% to 50% of wages paid to members of the targeted groups eligible for such credit over a two-year period. It also increases to $10,000 the amount of wages taken into account for purposes of the credit.
Bill Progress
Bill has been introduced and assigned a number
Introduced(5/20/21)
Committee
Passed
House
Passed
Senate
President
Law
Sponsor
TS
Mr. Suozzi
House (D) New York – 3
Cosponsors (12)
Latest Action
Referred to the House Committee on Ways and Means.
May 20, 2021